PayPal

The platform has struggled with modernising its payment technologies as rivals seized market share

PayPal has described Stripe’s and Advent International’s offer to acquire the company as inadequate

The acquisition would create one of the world’s largest global online payments companies

He is paying about US$250 psf for 18,158 sq ft of space, roughly five times the city’s average office lease

Bitcoin is down about one-third since hitting a peak in October

PAYPAL plans to cut costs and jobs as new chief executive officer Enrique Lores seeks to turn around the payments company that’s faced stiff competition in recent years.

This will enable instant cross-border transfers in US dollars

Stripe has become one of the industry’s most coveted players

The company now finds itself in a rut with its customers increasingly turning to alternative ways to pay for things